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FACULTY OF TECHNOLOGY MANAGEMENT AND

BUSINESS

LECTURE PLAN

1 Name and Code of Course Engineering Economy BPK 30902


Engineering economy consists of: Introduction to Engineering
2 Synopsis
Economics, fundamental cost concepts, cost estimation
techniques, time value of money, project evaluation with the benefit-
cost ratio method, risk analysis and project financing and
allocations.
1) Dr. Sushilawati Binti Ismail (S1)
3 Name(s) of academic staff
2) Pn. Hasniza Bt Abu Bakar (S2)
3) Pn. Hannifah Binti Tami (S2)
4 Semester and Year offered Semester II Session 2018/2019

5 Credit Value 2

6 Pre-requisite (if any) Nil

7 Course Learning Outcome(s) Upon completion of the module the students should be able to:
CLO1: Apply the economics concepts and techniques in
engineering context; (PLO1-K-C3)
CLO2: Display good team work in performing the task given of
engineering economy; and (PLO5-TS-P3)
CLO3: Demonstrate professional ethics and accountability in
completing an assigned activities related on engineering
economy. (PLO8-ET-A3)

8 Mapping of the course/module to the Programme Learning Outcomes


Programme
Learning
Assessment
Teaching
Methods

Outcomes
Methods
Course LOs / Program LOs (PLO) KPI
PLO 1

PLO 5

PLO 8

Apply the economics concepts and Quiz, Test


techniques in engineering context Final
√ Lecture
Examination,
Project
Display good team work in performing the Project
√ Lecture
task given of engineering economy;
Demonstrate professional ethics and
accountability in completing assigned √ Lecture Project
activities related on engineering economy

*Indicate the primary causal link between the CLO and PLO by ticking “√” the appropriate box.
FACULTY OF TECHNOLOGY MANAGEMENT AND
BUSINESS
9 Transferable Skills (if applicable) Skill(s) How to instill/ Assessment
develop the skills Method
(Skills learned in the course of
study which can be useful and
utilised in other settings) Analytical skill Exercise Assignment

Presentation of Group
Presentation skill
cases presentation

10 Content outline of the course/module and the student learning time (SLT) per topic

Teaching and Learning


Activities
Guided Learning

Guided Learning

Learning (NF2F)
(F2F)

Independent
Total
Week Course Content CLO

(NF2F)
SLT

Practical
Tutorial
Lecture

Others
INTRODUCTION TO
ENGINEERING ECONOMY
1-2 1.1 Introduction
1.2 Origins of Engineering
17/2- Economy CLO1 4 0 0 0 0 4 8
2/3 1.3 What are the Principles of
Engineering Economy?
Engineering Economy
and the Design Process
FUNDAMENTAL COST
CONCEPTS
2.1 Introduction
2.2 Cost Terminology
2.3 Fixed Cost, Variable
Costs and Total Costs
3-5
2.4 Recurring and CLO1
Nonrecurring Cost 6 0 0 0 2 6 14
3-23/3 CLO2
2.5 Direct, Indirect and
Standard Costs
2.6 Cash Cost versus Book
Cost
2.7 Sunk Cost
2.8 Opportunity Cost
2.9 Life-Cycle Cost
COST ESTIMATION
TECHNIQUES
3.1 Introduction
6-7 CLO1
3.2 Selected Estimating
Techniques (Model) CLO2 4 0 0 0 3 3 10
24/3-
3.3 Parametric Cost CLO3
6/4
Estimating

*TEST 1 (21 March 2019)


FACULTY OF TECHNOLOGY MANAGEMENT AND
BUSINESS
Week 8 - Mid Semester break (7-13 April 2019)
TIME VALUE OF MONEY
4.1 Introduction
4.2 Simple Interest
9-11 CLO1
4.3 Compound Interest
4.4 The Concept Equivalence CLO2 6 0 0 0 3 3 12
14/4-
4.5 Cash Flow-Diagram CLO3
4/5
Table
4.6 Applications of Future
and Present Value
PROJECT EVALUATION
METHOD
5.1 Introduction
5.2 Project Selection
5.3 The Benefit-Cost Ratio
Method CLO1
12-13 5.4 Evaluating Independent
Projects by B-C Ratios CLO2 4 0 0 0 2 2 8
5-18/5 5.5 Comparison of Mutually CLO3
Exclusive Projects by B-C
Ratios
5.6 Risk Analysis

*TEST 2 (9 May 2019)


PROJECT FINANCING
14-15 6.1 Introduction
6.2 Types of Project CLO2
4 0 0 0 2 2 8
19/5- Financing CLO3
1/6 6.3 Debt Financing
6.4 Equity Financing
TOTAL 28 12 20 60
Revision Week (2-15 June 2019)
Percenta Total
Continuous Assessment CLO F2F NF2F
ge (%) SLT
1. Quiz 1 10 1 1 2
2. Group Project 2&3 30 2 4 6
3. Test 1 20 2 4 6
Percenta Total
Final Assessment CLO F2F NF2F
ge (%) SLT
1. Final examination 1 40 2 4 6
TOTAL 20
TOTAL SLT 80
*F2F = face to face, NF2F=Non Face to Face
Identify special requirement of
resources to deliver the course
11 Nil
(e.g., software, nursery,
computer lab, simulation room)
FACULTY OF TECHNOLOGY MANAGEMENT AND
BUSINESS
1. Sullivan W.G, Wicks E.M. and Koelling C.P, (2012). Engineering
Main references supporting the
Economy, 15th Edition, Upper Saddle River, New Jersey,
course and
Pearson. Call Number: TA 177.4 S94 2009
Additional references 2. Blank, L.T., A. Tarquin (2012): Engineering Economy, Seventh
supporting the course Edition, International ed., McGraw-Hill,
12 3. Blank, L.T., A. Tarquin (2008): Basics of Engineering Economy,
International ed., McGraw-Hill, New York, Call Number TA
177.4 B524 2008
4. Mohamad Sirin, R. (2007): Teori Asas Ekonomi Kejuruteraan,
Faculty of Technolgy Management KUiTTHO. Malaysia. Call
Number: TA177.4 R67 2007
13 Other additional information Nil

Course Attendance / 1. Students must attend not less than 80% of the contact hours for
Regulations every course including Compulsory Attendance Course (Hadir
Wajib – HW) and Attendance Only Course (Hadir Sahaja – HS).
2. Student who does not fulfill (1) of the above is not allowed to
attend further lectures and is not allowed to sit for any further
assessment. Zero mark (0) will be given to student who fails to
comply with (1). As for Compulsory Attendance Course (Hadir
14
Wajib – HW), student who fails to comply with (1) will be given
Failure Attendance (Hadir Gagal – HG).
3. Student must follow and obey all the University dress rules and
regulations and must discipline themselves to avoid any
disciplinary action.
4. Student must obey safety regulations during the learning and
teaching process.

Prepared by: Verified by:


Name: Assoc.Prof. Dr. Patmawati Ibrahim Name: Dr Izudinshah bin Abd Wahab

15

Position: Course Coordinator Position: Head of Department Architectural &


Design Engineering
Date: Februari 2019
Date: Februari 2019